Dr. Seán Brady:

We received instructions from the Department of Agriculture, Food and the Marine, based on Circular 17/2016, about the policy for property acquisition and for disposal of surplus property, which was signed on 28 June by the Department of Public Expenditure and Reform. We entered that process. To my knowledge, the Department of Education and Skills looked at the property and the Valuation Office made a value on it. Arising out of that process, on Monday last I received an offer from the Department of Education and Skills for the property. The board of the IGB met and considered the offer, and got advice from Savills, our property advisers, that this offer was acceptable. There are a number of steps to be completed in the process which will be completed over the coming weeks and months.